In Arizona, there are a number of things to take into account when deciding a good hourly salary. These include the level of experience needed, the sort of job, and the cost of living. Arizona’s minimum wage, which is higher than the federal minimum wage of $7.25 per hour as of January 2021, is $12.15 per hour. However, many people might not be able to live comfortably in the state with this.
A living wage for a single adult in Arizona is $13.75 per hour, according to an MIT research. This includes the price of living expenses like housing, food, healthcare, and transportation, in addition to taxes and other costs. The living wage increases to $32.09 per hour for a family with two working adults and two kids. This emphasizes the fact that even while Arizona’s minimum wage is higher than the federal minimum, many workers may still find it difficult to make ends meet.
It’s crucial to take into account the type of employment and the level of expertise necessary when figuring out a suitable hourly wage in Arizona. For instance, the average hourly pay for a retail salesperson in Arizona is $12.71, while the hourly rate for a registered nurse is about $36.35. Jobs requiring specific training and abilities typically pay more than jobs that don’t.
Arizona is not the state with the lowest minimum wage in the US. The lowest minimum wages are currently $5.15 per hour in Georgia and Wyoming, albeit this is less than the federal minimum wage. California, on the other hand, has the highest minimum wage in the country, at $14 per hour for companies employing 26 or more people. In 2022, this will increase to $15 per hour.
In conclusion, there are several variables that affect a good hourly income in Arizona, including the cost of living and the nature of the position. Although the state’s minimum wage is higher than the federal minimum, many workers might not be able to live comfortably on it. When negotiating a salary or seeking for a job in Arizona, it’s critical to take the cost of living into account. Those with specific skills and training can anticipate earning greater income.